Capital Finance completes another auto loan securitisation [UPDATED]
- Wednesday, 16 November 2011
Capital Finance Australia issued a new asset-backed security based on a pool of auto loans on November 17. Bella Trust Series 2011-3 has a volume of A$568.3 million (US$559.2 million) spread across seven tranches, the top four of which have secured investment-grade ratings from Moody's Investors Service and Fitch Ratings.